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MIRA INFORM REPORT
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Report No. : |
515148 |
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Report Date : |
28.06.2018 |
IDENTIFICATION DETAILS
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Name : |
MAST MYANMAR TECHNOLOGY
COMPANY LIMITED |
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Registered Office : |
1293, Pin Lon Rd., Ward (37),
North Dagon Township, Yangon |
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Country : |
Myanmar |
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Date of Incorporation : |
17.01.2011 |
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Com. Reg. No.: |
2050/2010-2011 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
The subject is engaged in
wholesale trade related to scrap. |
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No. of Employees : |
35-49 [2018] |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
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MIRA’s Rating : |
C |
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Credit Rating |
Explanation |
Rating Comments |
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C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
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Status : |
Moderate |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
NOTES :
Any query related to this report can be made on
e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List
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Country Name |
Previous Rating (31.12.2017) |
Current Rating (01.04.2018) |
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Myanmar |
B1 |
B1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low Risk |
A2 |
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Moderately Low Risk |
B1 |
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Moderate Risk |
B2 |
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Moderately High Risk |
C1 |
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High Risk |
C2 |
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Very High Risk |
D |
COMPANY
NAME
MAST MYANMAR TECHNOLOGY COMPANY
LIMITED
Company
Summary
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Business
Name Country |
MAST
MYANMAR TECHNOLOGY COMPANY LIMITED MYANMAR |
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Company
Registration Number |
2050/2010-2011 |
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Main
Activity Code |
4690 |
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Main
Activity Description |
Non-specialised
wholesale trade |
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Company
Status |
Active
(Active) |
Basic
Information
|
Business
Name |
MAST
MYANMAR TECHNOLOGY COMPANY LIMITED |
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Registered
Company Name |
MAST
MYANMAR TECHNOLOGY COMPANY LIMITED |
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Company
Registration Number |
2050/2010-2011 |
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Country |
MYANMAR |
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Date of
Company Registration |
2011-01-17 |
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Legal
Form |
Limited
Liability Company |
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Company
Status |
Active
(Active) |
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Contact
Telephone Number |
+959450047847/
+959450047848 |
Main
Address
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Address |
Country |
Telephone |
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1293,
Pin Lon Rd., Ward (37), North Dagon Township, Yangon |
MYANMAR |
+959450047847/+959450047848 |
Other Address
No other addresses for this company.
Previous
Address
No previous addresses for this company
Activities
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Activity
Code |
Activity
Description |
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4690 |
Non-specialised
wholesale trade |
Email
Addresses
Web Pages
No web
pages for this company.
Employee
Information
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Date
Reported |
Number
of Employees |
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2018 |
35-49 |
Banker
Information
No banker information for this company.
Advisors
Information
No advisor information for this company.
Miscellaneous
Information
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Additional
Business Information |
The subject
is engaged in wholesale trade related to scrap. |
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Additional
Payment Information |
No
payment history is available |
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Additional
Financial Information |
Private
companies in Myanmar are not required to disclose financial statements. |
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Number of
Employees at Address |
35-49 |
Additional
Miscellaneous Information
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Comments
about your request |
The
subject's complete name is given this report. |
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Established |
2010
"The supplier could get only information on year, not month and day at this
time." |
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Line of
Business |
Consumer
goods wholesale |
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Industry
Division |
Wholesale
trade |
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Banks |
Unknown |
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Responsible
Register |
State
Register of Myanmar |
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Legal
domicile |
Mingalardon
Township, Myanmar |
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Additional
Address |
No.R4/B,
Pann Kha Yay Street, Khayay Pin Yeik Mon Housing (2), Kha Yay Pin Road,
Mingalardon Township, Yangon, Myanmar |
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Remarks |
Note:
January 16, 2021 (expiry date for the official registry) |
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Sanctions
List |
The company
is not listed on the World Compliance Database. |
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Owners/-s |
The name
of all the shareholders and the exact percentage were not disclosed. |
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Operations
& branches |
At the
address, 1293, Pin Lon Rd., Ward (37), North Dagon Township, Yangon Region,
Myanmar, we find the subject's head office. |
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Additional
information |
Tel: +95
9 73902006; Webiste: https://www.facebook.com/MAST-Myanmar-Technology-CoLtd-163955763953725. |
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Company's
Background |
We have
consulted the Directorate of Investment and Company Administration and the
subject's vat number and capital amount were not disclosed. |
Financial
Information
No
financial information for this company.
Current
Directors
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Name |
Gender |
Address |
Date of
Birth |
Position |
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Swe Zin
Myint, Daw |
Unknown |
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Director |
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Tun
Linn, U |
Unknown |
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Director |
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Thant,
Myo Myint |
Unknown |
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Chief
Executive Officer |
Previous
Directors
No previous
directors for this company.
Share
Capital Structure
Nominal
Share Capital
Issued
Share Capital
Shareholders
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Shareholder |
Address |
% Shares
Held |
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Daw Swe
Zin Myint |
Myanmar |
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U Tun
Linn |
Myanmar |
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Group
Structure
No group structure
information for this company
Negative
Information
Public
records information: No legal information is available.
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
INR 68.52 |
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1 |
INR 90.60 |
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Euro |
1 |
INR 79.87 |
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MMK |
1 |
INR 0.048 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
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Analysis Done by
: |
VAR |
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Report Prepared
by : |
SYL |
RATING EXPLANATIONS
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Credit Rating |
Explanation |
Rating Comments |
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A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
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A+ |
Low Risk |
Business dealings permissible with low
risk of default |
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A |
Acceptable Risk |
Business dealings permissible with moderate
risk of default |
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B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
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C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
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D |
High Risk |
Business dealing not recommended or on secured
terms only |
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NB |
New Business |
No recommendation can be done due to
business in infancy stage |
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NT |
No Trace |
No recommendation can be done as the
business is not traceable |
NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.
This score serves as a reference to assess
SC’s credit risk and to set the amount of credit to be extended. It is
calculated from a composite of weighted scores obtained from each of the major
sections of this report. The assessed factors are as follows:
·
Financial
condition covering various ratios
·
Company
background and operations size
·
Promoters
/ Management background
·
Payment
record
·
Litigation
against the subject
·
Industry
scenario / competitor analysis
·
Supplier
/ Customer / Banker review (wherever available)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.